SSPDL to co-develop premium residential apartment project

Capital Market 

In Chennai

SSPDL has signed a Joint Development Agreement for the development of premium residential apartments in Prithvi Avenue, Chennai. The total area of the development is about 14,500 sq. ft with 25% being SSPDL share. The approximate sale value of the apartments is Rs 32 crore and SSPDL's share is Rs 8 crore. The project is expected to be completed in about 18 months from date of necessary approvals.

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